SAO PAULO (Reuters) - Toyota Motor Co (T:7203) on Monday said it was suspending auto production in its Brazil plants until at least June 22, joining General Motors Co (N:GM) which also expects to resume production in the same month.
Most carmakers in Brazil, South America's top auto producer, are currently not producing cars due to the coronavirus crisis. Major Brazil players such as Fiat Chrysler (MI:FCHA) and Volkswagen (DE:VOWG_p) AG have yet to announce when they expect to resume production.